LAWSG050 International Trade Law

LAWSG050: INTERNATIONAL TRADE LAW
Credit value: 30 credits (15 ECTS, 300 learning hours)
Convenor: Melis Özdel
Other Teachers: Alessandro Spano
Teaching Delivery: 20 x 2-hour weekly seminars, 10 seminars per term, Term One and Two
Who may enrol: LLM students only
Prerequisites: None
Must not be taken with: None
Qualifying module for: LLM in International Commercial Law;
LLM in Maritime Law
Introductory video Currently there is no introductory video for this module
Assessment
Practice Assessment: Opportunity for feedback on one optional practice essay per term (two in total)
Final Assessment: One 3-hour unseen written examination (100%)
Module Overview
Module summary:

The selling and purchasing of goods across territorial borders is an ancient yet sophisticated commercial activity. International trade involves interlocking contracts, including letters of credit and contracts of sale, carriage and insurance, all of which concern the minds of traders whilst performing this activity for profit.In pursuit of certainty and predictability in their affairs, traders around the world typically refer to English law in their sale contracts as the governing law.This module offers a study of the rights and obligations of buyers and sellers under contracts for the international sale of goods, focusing particularly on the English Sale of Goods Act 1979. Students can study this course whether or not they have previous experience of international trade law.

Module syllabus:

  • Introduction to the law of international trade: The workings of international trade, the key concepts, the regulatory framework and Incoterms 2010
  • Passing of risk and property
  • CIF and FOB sales
  • Functions and significance of bills of lading and other shipping documents
  • Multimodal transportation and multimodal transport documents
  • Payment methods, letters of credit and UCP600
  • Frustration and force majeure
  • Remedies for breach of the sale contract
  • The Vienna Convention on International Sale of Goods 1980
  • The governing law and jurisdiction in the international sale of goods

Please note this module does not cover questions of trade between nation states (e.g. matters relating to the World Trade Organisation)

Recommended materials:

  • Bridge M. (2016) Benjamin’s Sale Goods (9th edition) (Sweet & Maxwell)
  • Jack R, et al (2009) Documentary Credits (4th edition) (Tottel Publishing)
  • Bridge M.G. (2013) The International Sale of Goods (3rd edition) (Oxford University Press)

Module reading lists and other module materials will be provided via online module pages, once students have made their module selections upon enrolment.

Preliminary reading:

  • Bridge M. (2016) Benjamin’s Sale Goods (9th edition) (Sweet & Maxwell), Chapter 1